New Iberia, LA Cost Of Living

The latest cost of living statistics for New Iberia. Includes statistics on rent, mortgages, healthcare, and other costs for New Iberia compared to the state and national averages.

Cost of living in New Iberia, Louisiana

Cost of living in New Iberia research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means New Iberia is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Louisiana, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

90 Cost of living index 0.9x lower vs US
#23 Cheapest in Louisiana (of 103)
#1,055 Cheapest in the U.S. (of 6,489)
$145,864 Median home value
$894 Median rent
$47,087 Median income
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What is the cost of living in New Iberia, LA?

According to the most recent data on the cost of living, New Iberia has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.

Compared to Louisiana, New Iberia has a cost of living index that's 1.0x lower than Louisiana's index of 91.

The standard of living in New Iberia ranks as #23 most affordable out of the 103 places we measured in Louisiana. By definition, that implies New Iberia ranks as the #80 most expensive place in the Pelican State.

For more reading on life in New Iberia, check out:

New Iberia Cost Of Living Vs. Louisiana

Six factors go into calculating the cost of living index in New Iberia. Here is how it fares on each of the criteria:

  • The Services index in New Iberia is 94.

  • The Groceries index in New Iberia is 97.

  • The Health index in New Iberia is 69.

  • The Housing index in New Iberia is 101.

  • The Transportation index in New Iberia is 98.

  • The Utilities index in New Iberia is 95.

Living Expense New Iberia Louisiana National Average
Overall 90 91 100
Services 94 97 100
Groceries 97 97 100
Health 69 82 100
Housing 101 97 100
Transportation 98 99 100
Utilities 95 96 100

New Iberia Cost Of Living Compared To Louisiana Averages

Services
New Iberia 94
Louisiana avg 97
Groceries
New Iberia 97
Louisiana avg 97
Health
New Iberia 69
Louisiana avg 82
Housing
New Iberia 101
Louisiana avg 97
Transportation
New Iberia 98
Louisiana avg 99
Utilities
New Iberia 95
Louisiana avg 96

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Louisiana, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

New Iberia, LA Housing Cost Breakdown

$145,864Median Home Value
$894Median Rent
$47,087Median Income

Housing swings affordability the most between places in Louisiana, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in New Iberia is $145,864.

  • The Median Rent in New Iberia is $894.

  • The Median Income in New Iberia is $47,087.

  • The Home Value To Income in New Iberia is 3.1x.

  • The Rent To Monthly Income in New Iberia is 0.23x.

Statistic New Iberia Louisiana United States
Median Home Value $145,864 $211,634 $332,700
Median Rent $894 $1,064 $1,413
Median Income $47,087 $60,756 $80,734
Home Value To Income 3.1x 3.5x 4.1x
Rent To Monthly Income 0.23x 0.21x 0.21x

New Iberia, LA Costs By Category

Detailed New Iberia Services costs vs. Louisiana
Item New Iberia Louisiana
Shampoo $1.09 $1.28
Movie $10.94 $12.13
Bowling $17.53 $18
Haircut $26.2 $24.26
Beauty Salon $42.83 $45.56
Detailed New Iberia Groceries costs vs. Louisiana
Item New Iberia Louisiana
Ground Beef $5.19 $5.84
Fried Chicken $1.42 $1.57
Milk $4.51 $4.67
Potatoes $5.01 $4.93
Pizza $11.51 $12.09
Beer $9.91 $10.41
Toothpaste $3.56 $3.7
Detailed New Iberia Health costs vs. Louisiana
Item New Iberia Louisiana
Optometrist $146.24 $125.68
Doctor $113.67 $135.78
Dentist $119.98 $113.29
Detailed New Iberia Transportation costs vs. Louisiana
Item New Iberia Louisiana
Gasoline $3.31 $3.46
Tire Balancing $81.71 $59.92
Detailed New Iberia Utilities costs vs. Louisiana
Item New Iberia Louisiana
All Electricity $106.81 $193.99
Phone $186.9 $192.25

New Iberia SnackAbility

5Overall SnackAbility
Jobs 4/10
Housing 6/10
Affordability 7/10
Diversity 9/10
SafetyN/A
Amenities 9/10
Education 5/10
Commute 8/10

Cost Of Living In Cities Around New Iberia

The cost of living varies in the cities and towns around New Iberia. Here's a quick look at the cost of living in the most populous nearby places:

  • Lafayette, LA has a cost of living index of 100, 1.1x New Iberia.

  • Youngsville, LA has a cost of living index of 105, 1.2x New Iberia.

  • Broussard, LA has a cost of living index of 104, 1.2x New Iberia.

City Population Cost Of Living Vs. New Iberia
Lafayette, LA 121,715 100 1.1x
Youngsville, LA 17,427 105 1.2x
Broussard, LA 14,322 104 1.2x
Abbeville, LA 11,003 83 0.9x
Breaux Bridge, LA 7,501 93 1.0x
St. Martinville, LA 5,297 89 1.0x